26 9月 2022
Babcock announces sale of part of its civil training business
Babcock International has signed an agreement with UK-based investment firm, Inspirit Capital, to divest part of its Civil Training business. This forms part of Babcock’s portfolio alignment programme, designed to focus the Group on our chosen markets and reduce complexity.
This divestment will include training operations within Workplace Learning & Skills, Automotive, Energy, Engineering, Service Sector and Babcock Assessments Limited alongside the dedicated teams that deliver these contracts.
The training services we provide to the Metropolitan Police, the London Fire Brigade, and in the Defence sector are not included in this transaction.
The sale is expected to complete by the end of this calendar year, subject to the satisfaction of relevant conditions including regulatory approval.